# Definitions.
**AGENCY:**
Internal Revenue Service (IRS), Treasury.
**ACTION:**
Correcting amendments.
**SUMMARY:**
This document contains corrections to final regulations (TD 9687) that were published in the *Federal Register* on Tuesday, August 12, 2014 (79 FR 47246). The final regulations provide comprehensive guidance for the award program authorized under Internal Revenue Code (Code) section 7623.
**DATES:**
This correction is effective on September 26, 2014, and is applicable beginning August 12, 2014.
**FOR FURTHER INFORMATION CONTACT:**
Melissa A. Jarboe at (202) 317-5437 (not a toll-free number).
**SUPPLEMENTARY INFORMATION:**
**Background**
The final regulation (TD 9687) that is the subject of this correction is under section 7623.
**Need for Correction**
As published, final regulations (TD 9687) contain errors that may prove to be misleading and are in need of clarification.
**List of Subjects in 26 CFR Part 301**
Employment taxes, Estate taxes, Excise taxes, Gift taxes, Income taxes, Penalties, Reporting and recordkeeping requirements.
**Correction of Publication**
Accordingly, 26 CFR part 301 is amended by making the following correcting amendments:
**26 CFR Part 301**
**PART 301—PROCEDURE AND ADMINISTRATION**
*Paragraph 1.* The authority citation for part 301 continues to read in part as follows:
**Authority:**
26 U.S.C. 7805 * * *
**26 CFR Part 301**
*Par. 2.* § 301.7623-2 is amended by revising paragraph (d)(4).
§ 301.7623-2
(d) * * *
(4) *Criminal fines.* Criminal fines deposited into the Crime Victims Fund are not collected proceeds and cannot be used for payment of awards.
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).